Perion Network (NASDAQ:PERI) Posts Earnings Results, Misses Expectations By $0.15 EPS

Perion Network (NASDAQ:PERI) posted its quarterly earnings results on Wednesday. The technology company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.15), Zacks reports. Perion Network had a return on equity of 10.93% and a net margin of 7.81%. Perion Network updated its FY 2025 guidance to EPS.

Perion Network Stock Performance

Shares of NASDAQ:PERI opened at $8.78 on Wednesday. The firm has a market cap of $393.43 million, a PE ratio of 9.50, a price-to-earnings-growth ratio of 0.87 and a beta of 1.48. The firm’s 50 day simple moving average is $8.90 and its 200-day simple moving average is $8.55. Perion Network has a one year low of $7.47 and a one year high of $24.50.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC restated a “hold” rating on shares of Perion Network in a research note on Tuesday, January 21st. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $12.13.

Perion Network Company Profile

Perion Network Ltd. provides digital advertising solutions to brands, agencies, and publishers in North America, Europe, and internationally. It offers Wildfire, a content monetization platform; search monetization solutions, including website monetization, search mediation, and app monetization; and cross-channel digital advertising software as a service platform.